VENDR BLOG

Advice and resources for top-performing teams

SaaS agreements: What to know before signing the dotted line

Key takeaways: SaaS agreements define the legal commitments between you and your suppliers in definite terms, so you know exactly what you’re paying ...

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Procurement vs purchasing: Are they one and the same?

Key takeaways: Procurement and purchasing are often confused as being the same, but each serves different purposes within a company.  Purchasing ...

How anyone can lead a successful procurement negotiation

Key takeaways: You don’t need a background in procurement to be a good negotiator. Use the tips below to lead your next purchasing conversation like ...

July 2021: 7 SaaS companies hiring for procurement jobs

At Vendr, we're committed to helping finance and procurement folks thrive in their roles. As a result, we started this bi-monthly jobs round-up to ...

7 critical IT platforms to add to your tech stack

Remote security, threat detection, and incident response are some of the most critical issues IT and Security teams face in supporting their ...

The top 5 issues slowing down your software buying process

No matter your project or mission, having the tools for the job is essential to success.  If it feels like getting a new piece of software in place ...

Save on SaaS: Four actionable insights for purchasing software

One of the highlights of our experience at The CFO Leadership Council’s 2021 virtual conference was the chance to share some insights from our ...

Top reasons why offboarding is critical to vendor relationship management

Paying attention to the details when onboarding a new supplier is important. What gets less attention — but should command just as much — is what ...

Top learnings from Toast CFO Elena Gomez at A New Hope Conference

If you made it to The CFO Leadership Council’s 2021 A New Hope conference, you’d probably agree that Toast CFO Elena Gomez's fireside chat was a fan ...

June 2021: 5 SaaS companies hiring for finance jobs right now

At Vendr, we're committed to helping finance and procurement folks thrive in their roles. As a result, we started this series to publish the latest ...

Top tips for purchasing software from the best negotiation experts

When you consider your SaaS buying and renewals process, does it make you feel a little... apprehensive? If the thought of going to the negotiating ...

Everything you need to know about software reseller agreements

In a rapidly expanding market of SaaS buying options, suppliers are always looking for easier ways to reach their customers. By the same token, IT ...

Five LGBTQ+ founded SaaS companies to support in June and beyond

For many years, talented and ground-breaking LGBTQ+ entrepreneurs have fought for equality in employment and business development. They have shared ...

SaaS renewal best practices: What to do when you miss a cancellation window

Most everyone knows that sinking feeling of missing a cancellation deadline. An unexpected charge on a corporate card or the "thank you for your ...

Webinar recap: 3 ways to optimize how your company buys software

If 2020 taught us anything about procurement, it’s that SaaS purchasing will continue to take a larger role in organizations. As the need for ...

Service-level agreement (SLA) basics to improve your SaaS buying process

When you entrust a supplier with your business, most often, the focus is on features and functionality. It's one of the first stops for negotiation ...

Putting a name to a feeling: Meet Vendr's core values

When I started at Vendr in January 2021, we had core values — we just didn’t know them by name yet. Every company does.  Core values are inherent — ...

May 2021: SaaS companies hiring finance roles

At Vendr, we're committed to helping finance and procurement folks thrive in their roles. As a result, we started this monthly series to publish the ...

Software negotiation strategies: Best practices from over 300M in SaaS

Purchasing software can feel a lot like buying a new car. If you don't have the budget upfront, you can't buy it. Fortunately, we're at work to ...

The SaaS buying process: Four steps to get started

SaaS spending isn’t slowing down anytime soon — in fact, Gartner predicts it will grow 9.5% YoY. With the industry growing rapidly, finance ...

May 2021: SaaS companies hiring for procurement jobs

At Vendr, we're committed to helping finance and procurement folks thrive in their roles. As a result, we started this monthly series to publish the ...

Best practices for tracking SaaS spend and resources

Oftentimes, companies of all sizes have no central tracking for SaaS spend management. We’ve noticed customers ranging from 200 to 2,000 employees ...

8 finance SaaS tools to upgrade your tech stack

Finance forms the backbone of any business. Without the ability to see vital metrics, generate recurring revenue, pay invoices, and keep cash-flow on ...

Priorities to agree on internally before purchasing software

A SaaS buying agreement is complex yet consists of many areas where negotiation can yield better outcomes. But knowing what you should focus on when ...

I didn't go to school for this: From media grad to software engineer at Vendr

These days it’s par for the course for someone to ask, “what do you do?” immediately followed by, “where did you go to school?”  For me, the ...

Why SaaS spend management is more important than ever with remote work on the rise

As some companies opt to continue remote work after COVID-19, the complexity and expense of SaaS continues to rise. Teams that were once in-house ...

Top finance conferences for SaaS leaders to attend in 2021

While conferences as we knew them might not look the same anymore (bumping elbows with industry friendlies, touring company booths, and getting up ...

SaaS negotiation and innovation: An interview with Omar Ghani, Reddit’s procurement leader

In 2020, Reddit’s 700+ person company at the time went through a complex cloud services negotiation. Through a very competitive bid, they saved ...

Add these ten BIPOC-led companies to your SaaS stack

In the last decade, SaaS has changed almost every aspect of daily life. Whether you’re landing a new client or grabbing a ride home, chances are, ...

Spreadsheets are costing your team: Time to ditch your manual vendor management system

After years of analyzing SaaS management software options, we've identified the costliest. Even though it's one of the most commonly-used platforms ...

Accreditation that matters: Announcing our SOC 2 Type II certification

Data security is a must-have when working with any external supplier. While it’s not usually front page news, it’s important.  With IT spending to ...

We’ve acquired Capiche.com, to bring transparency to all of SaaS

Here at Vendr, we are obsessed with becoming the way that companies and people buy SaaS. Software is the lifeblood of every organization and yet ...

How to build a procurement process from startup to Fortune 1000

In some respects, the differences between a startup and an enterprise company are worlds apart. The vibe of a scrappy, bootstrap startup belies its ...

Best practices for your company’s software vendor management

When you consider the SaaS vendor management systems and practices your company uses today, are you happy with the results? If considering this topic ...

From Sausalito to Series A: A Q&A with our founder

In 2018, Vendr’s founder and CEO Ryan Neu left his sales career of 7+ years to start a new company. For Ryan, entrepreneurship was a force, and he ...

Webinar recap: Top 3 takeaways for purchasing software in 2021

2020 was a bumpy ride to say the least. The pandemic not only created huge shifts in the capital market across industries, it also prompted digital ...

Why SaaS vendor management matters more than ever in 2021

Running your company in 2021 is likely different than you expected. Now, COVID-19 is entering its second year and it’s put capital efficiency top of ...

Tactics to simplify your company’s procurement process

Large companies and small startups know that it takes good tools to drive growth. They also recognize that inefficient software strategies quickly ...

How to buy SaaS for less: Leave software negotiation to the experts

Is it just me or does the task of finding and buying software for your team feel like searching for a new home office chair after COVID-19 hit?  You ...

What our Series A means for the future of SaaS buying

We’re proud to announce that we raised $60 million at a $600 million valuation for our Series A. What we’re most excited about: forever changing the ...

Close the deal faster with these top ten legal best practices for SaaS sales

The legal review meeting: the most common point where sales loses control. As a SaaS sales rep, you watch your deal travel off into the abyss and ...

Vendr's 2020 Pledge: Saving money and donating meals

One positive from 2020 is how priorities have shifted - the year has reframed what’s truly important and helped us all better recognize what we’re ...

Defining your cross-functional buying process

Back in June, my colleague Ryan Neu wrote about how the Covid-19 pandemic has transformed the software buying process for the better. He argued that ...

How to wrangle together your company's software stack

If you survey any group of CFOs about which company expenditures currently keep them up at night, many would point to out-of-control SaaS spending. ...

The software reseller model is broken

Over the last decade, companies across virtually all sectors have witnessed an explosion of choices in the enterprise software market. Today, there ...

Covid-19 changed SaaS purchasing forever. Here’s why it’s a good thing

Back in early March, the U.S. was only beginning to grapple with the long term impact of the Covid-19 pandemic, and so it came as a bit of a shock ...

Maintaining Momentum and Navigating Uncertainty

Right now, the climate is uncertain. We’re all probably feeling that in some way. We’re unsure what’s happening with COVID-19, we’re unsure how long ...

Getting to Yes(s)

Buying software takes time. Beyond evaluation and internal testing, the typical software approval process can take weeks - for the clients we work ...

Boston-Based Startup, Vendr, Opens New Office in Charleston, SC

The company plans to expand its engineering and customer-facing teams in 2020. Jeff Swank, Head of Vendor Management at Vendr and College of ...

The Buy Side: Should you discount a deal when it's in procurement?

"We've got another Buy Side coming at you today. And this time the topic comes from Ted Bennett an Enterprise Account Executive from Boston-based ...

The Buy Side: What's happening when a deal is in legal?

"Hello, this is Ryan Neu with Vendr and we've got another quick hit for The Buy Side and this topic came about from John Sherer who is a VP of Sales ...

The Buy Side: How sales people can better navigate procurement

  Topic: How sales people can better navigate procurement "This is Ryan Neu and this is The Buy Side where we provide quick hits to help sales people ...

4 Ways Internal Procurement Can Save Time and Money with an Outside Buyer

It may not seem to make sense to bring on Vendr if your company has procurement internally. At the surface, this seems redundant to the job a ...

5 Negotiation Tips That Yield Better Results

Whether that's the final meeting after finally hearing the good news that you've been offered the job, the last conversation slated before onboarding ...

Three Solutions for the Broken Software Reseller Model

We’ve all experienced those email subject lines that catch us off-guard: • Final reminder that your subscription is set to renew. • Your subscription ...

IT

10 ways smart companies manage their SaaS Stack

As a company grows, they’re constantly adding new products, and SaaS contracts are grow linear to headcount. But with dozens of vendors and ...

When should your company invest in a SaaS spend management tool?

And this makes sense. With the rapid pace of technological change, there are new tools available for every challenge a stakeholder faces. While they ...

5 Ways for Buyers & Sellers to work better together

Let me explain... Procurement typically represents a company's buying department. Procurement can be a part of someone's role (IT/Finance/BizTech) or ...

SaaS overload is changing the Role of the CIO.

Procurement, IT, and Vendor Management leaders are becoming increasingly important as they represent the critical link between organizations' ...